Virus and its reaction to the markets has always been connected.
Realizing that bitcoin dropped and recovered, this wouldn't be a problem anymore. Be amazed how bitcoin recovered rapidly after it gave everyone a chance to buy at its dip.
The recovery stil isn't full and it's hard to tell if this will happen and when. Also, further dump is possible too.
At the moment is still hard to predict how the situation with virus will develope and when all this crisis is going to end and that will affect the Bitcoin market too.